Changing pension %

[PBgirl]

Hi logged into the Zurich website for plan and wanted to know if I could change percentage of how much I pay or can I add to it.. I tried pension planner but it goes to a 404 error page. Help please

[Burghboy]

I rang up pension dept, took 5 mins and it was changed the following week on my payslip.

[iceman1277]

I rang up pension dept, took 5 mins and it was changed the following week on my payslip.

if i pay more in does royal mail pay more in

[RobertT]

if i pay more in does royal mail pay more in

It depends how much you’re paying in now. To get the maximum RM contribution of 9%, you need to be paying in 6%.

You can actually pay in more than 6% if you want and benefit from tax relief and PSE but 9% is the max RM will pay.

Full details are in the plan guide available along with lots of other info here: https://www.zurich.co.uk/internet/works ... 716529.pdf" onclick="window.open(this.href);return false;

[Aquarius]

if i pay more in does royal mail pay more in

It depends how much you’re paying in now. To get the maximum RM contribution of 9%, you need to be paying in 6%.

You can actually pay in more than 6% if you want and benefit from tax relief and PSE but 9% is the max RM will pay.

Full details are in the plan guide available along with lots of other info here: https://www.zurich.co.uk/internet/works ... 716529.pdf" onclick="window.open(this.href);return false;

Are you talking about the main pension scheme - i thought the max was 6% - where can i find more information about this ?

[RobertT]

if i pay more in does royal mail pay more in

It depends how much you’re paying in now. To get the maximum RM contribution of 9%, you need to be paying in 6%.

You can actually pay in more than 6% if you want and benefit from tax relief and PSE but 9% is the max RM will pay.

Full details are in the plan guide available along with lots of other info here: https://www.zurich.co.uk/internet/works ... 716529.pdf" onclick="window.open(this.href);return false;

Are you talking about the main pension scheme - i thought the max was 6% - where can i find more information about this ?

We’re talking about the Royal Mail Defined Contribution Plan(RMDCP), so anybody who started with RM or joined up to the pension after 1st April 2008. Full details in the link I provided.

If you started before the above date you’ll be in the Royal Mail Pension Plan(RMPP) and while the basic contribution level is 6%, you have been able to pay Additional Voluntary Contributions(AVC’s) for many years. Details here: http://www.royalmailpensionplan.co.uk/s ... nsion-avcs" onclick="window.open(this.href);return false;

[Aquarius]

if i pay more in does royal mail pay more in

It depends how much you’re paying in now. To get the maximum RM contribution of 9%, you need to be paying in 6%.

You can actually pay in more than 6% if you want and benefit from tax relief and PSE but 9% is the max RM will pay.

Full details are in the plan guide available along with lots of other info here: https://www.zurich.co.uk/internet/works ... 716529.pdf" onclick="window.open(this.href);return false;

Are you talking about the main pension scheme - i thought the max was 6% - where can i find more information about this ?

We’re talking about the Royal Mail Defined Contribution Plan(RMDCP), so anybody who started with RM or joined up to the pension after 1st April 2008. Full details in the link I provided.

If you started before the above date you’ll be in the Royal Mail Pension Plan(RMPP) and while the basic contribution level is 6%, you have been able to pay Additional Voluntary Contributions(AVC’s) for many years. Details here: http://www.royalmailpensionplan.co.uk/s ... nsion-avcs" onclick="window.open(this.href);return false;

Ok great thanks for the reply -